Thu, May 09, 2024
US stock market: The Dow Jones Industrial Average ended higher on Wednesday, stretching its winning streak to six straight sessions and closing above 39,000 points for the first time in five weeks, as investors kept betting on supportive US monetary policy.
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Wed, May 08, 2024
US stock market: The S&P 500 and Dow Jones Industrial Average both clung onto gains to ended slightly higher on Tuesday, extending recent winning streaks fueled by renewed expectations that the Federal Reserve will cut interest rates this year.
Tue, May 07, 2024
US stock market: US stock indexes closed higher on Monday, their third straight session of advances, as investors continued to gain hope that there was a greater chance of the Federal Reserve cutting interest rates this year.
Tue, Feb 28, 2023
Wall Street Dow Jones LIVE: Two of the three main Wall Street indices — the Dow Jones and the S&P 500 — began Tuedsay's session in the red, mirroring weakness across major markets elsewhere around the globe. Concerns about sticky inflation leading to higher-for-longer interest rates continued to batter investor sentiment. Gains in tech stocks, however, helped the sector-heavy Nasdaq Composite stay afloat in the green with mild gains.
Mon, Feb 27, 2023
Wall Street Dow Jones News: The three main Wall Street indices — the Dow Jones, the S&P 500 and US tech stocks-heavy Nasdaq Composite — rose about half a per cent each on Monday evening, suggesting a positive opening ahead in the US share market. However, caution is likely to persist among investors in the US stock market following a hotter-than-anticipated US inflation reading last week that fuelled bets the Fed would continue to hike benchmark interest rates in the current cycle of tightening.
Fri, Feb 24, 2023
Wall Street Dow Jones News: The three main Wall Street indices — the Dow Jones, the S&P 500 and US tech stocks-heavy Nasdaq Composite — suffered sharp losses on Friday, with the Dow Jones logging its fourth back-to-back weekly cut, after two separate data sets suggested resilient consumers in the world's largest economy. The slide mirrored the moves in Europe and Asia after upbeat economic data dashed nascent hopes of an earlier end to the current cycle of rate hikes, after a downward revision in a key US GDP estimate the previous day sent Wall Street indices rising.
US Stock Market Today: The Dow Jones Industrial Average (.DJI) rose 108.82 points, or 0.33 per cent, to 33,153.91, the S&P 500 (.SPX) gained 21.27 points, or 0.53 per cent, to 4,012.32 and the Nasdaq Composite (.IXIC) added 83.33 points, or 0.72 per cent, to 11,590.40.
Wed, Feb 22, 2023
Wall Street Dow Jones News: The futures of Dow Jones, S&P 500 and Nasdaq Composite inched lower on Wednesday, though faring better than the rest of the world where fears of higher-for-longer interest rates marred investor sentiment. Investors awaited minutes of the FOMC's last policy review due later in the day for direction.
Tue, Feb 21, 2023
Wall Street Dow Jones News: The futures of Dow Jones, S&P 500 and Nasdaq Composite recovered some of their initial losses on Tuesday as Russian President Vladimir Putin gave a nuclear warning to the West over Ukraine, just a day after US President Joe Biden made a surprise visit to Ukraine capital Kyiv. The developments come days ahead of February 24, the day Russia's full-scale invasion of Ukraine completes one year.
Thu, Feb 16, 2023
Which is the new trend of the global market? Why buy even on negative news? How is the action in Bond Market? Will Indian markets also gain momentum due to global support? Know from Anil Singhvi.
Wed, Feb 08, 2023
US Stock Market: U.S. stocks rallied to a convincingly higher close on Tuesday, but trade was choppy as investors digested comments from Federal Reserve Chair Jerome Powell about how long the central bank may need to tame inflation.
Thu, Feb 02, 2023
FOMC Meeting HIGHLIGHTS: Fed Chair Jerome Powell's post-policy comments were largely perceived to be rather dovish compared with the recent past.
US Stock Market: A gauge of global stocks rallied and the U.S. dollar slumped on Wednesday after the Federal Reserve raised its target interest rate by the expected 25 basis points but comments from Chair Jerome Powell were interpreted as dovish by the market.
Tue, Jan 31, 2023
US Stock Market News: Major U.S. stock indexes sank on Monday, weighed down by declines in technology and other megacap shares, as investors looked toward a major week of events including central bank meetings and a slew of earnings reports.
Mon, Jan 30, 2023
The 12-member committee toned down pace of interest rate hike, a glimpse of which was seen in the December Montary Policy where the US Central Bank had raised rates by 50bps to bring the range at 4.25-4.50 per cent, in line with the street's expectations
Thu, Jan 26, 2023
Thursday's estimate from the Commerce Department showed that the nation's gross domestic product ? the broadest gauge of economic output ? decelerated last quarter from the 3.2 per cent annual growth rate it had posted from July through September
Fri, Jan 13, 2023
U.S consumer prices fell for the first time in more than 2-1/2 years in December, the report showed, giving some hope that inflation was now on a sustained downward trend.
Tue, Jan 10, 2023
The central government is scheduled to present its last full budget on February 1, 2023 as the Budget 2024 is likely to be interim as the country to head for general polls from April next year.
US Stock Market Today News: Investors are awaiting comments Tuesday from Fed Chair Jerome Powell, who some strategists expect could say more time is needed to show inflation is under control.
Wed, Jan 04, 2023
US Stock Market News Today: The Dow Jones Industrial Average (.DJI) fell 10.88 points, or 0.03%, to 33,136.37; the S&P 500 (.SPX) lost 15.36 points, or 0.40%, to 3,824.14; and the Nasdaq Composite (.IXIC) dropped 79.50 points, or 0.76%, to 10,386.99.
Sat, Dec 31, 2022
The Nasdaq composite, with a heavy component of technology stocks, racked up an even bigger loss of 33.1%.
Thu, Dec 22, 2022
US markets fell on Thursday as the country reported better than estimated GDP growth numbers from July through September despite sharp interest rate hikes undertaken by the US Federal Reserve. This has sparked fears of further monetary tightening as inflation remains high in the world’s largest economy
Fri, Dec 16, 2022
Stock Market HIGHLIGHTS: In the 50-stock Nifty50 45 stocks declined. The top losers were Mahindra & Mahindra, Adani Ports, BPCL, Asian Paints and Dr Reddy's Laboratories while top gainers were Tata Motors, Hindustan Unilever, Nestle India, HDFC Bank and UPL
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